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Mediaco Holding (MDIA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Mediaco Holding (MDIA) reported revenue of $31.4M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before. Operating margin was -24.0%, net loss $9.4M (29.8% of revenue).

Revenue$31.4M
Year over year+12%
Quarter over quarter-19%
Operating margin-24.0%
Net earnings−$9.4M

Mediaco Holding, Q1 2026: revenue $31.4M (+12% year over year), operating margin -24.0%, net loss $9.4M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$31.4M-19%+12%
Operating profit−$7.5M——
Net earnings−$9.4M——
Operating cash flow−$2.0M-6459%-199%

What changed

Revenue was $31.4M in Q1 2026, up 12% year over year and down 19% from the previous quarter. Digital was the largest line at 50% of revenue. Digital added $6.0M year over year (up 63%), 179% of the total change. Syndication declined 50%.

Operating costs exceeded revenue by $7.5M, an operating margin of -24.0%. Total costs grew 19% against revenue growth of 12%. The fastest-growing cost line was Cost of revenue (+19%). The quarter ended with a net loss of $9.4M, narrower than the previous quarter's $32.3M loss.

Operating cash flow was −$2.0M. Non-cash charges added back $1.7M of depreciation and amortization. Working capital and other items added $5.7M. Capital expenditures of $124K exceeded it, leaving free cash flow of −$2.2M.

Questions

What was Mediaco Holding's revenue in the first quarter 2026?

Mediaco Holding (MDIA) reported revenue of $31.4M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -19% from the quarter before.

Was Mediaco Holding profitable in the first quarter 2026?

Operating loss was $7.5M (-24.0% of revenue) and net loss $9.4M.

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Source: Mediaco Holding 10-Q on SEC EDGAR.